Why might a town decide to issue bonds? a to save money for their residents. b to build new roads or bridges. c both a and b d neither a nor b

The correct answer is C.

On the first hand, a bond is a financial instrument issued by a debtholder, who divides the amount of his debt in participations and sells them in the financial markets. Investors purchase these bonds, therefore the issuer receives the money he needs, but now acquires a debt with the investor who has paid for the bond, and has to pay back to him. Bonds can be issued by both public and private entities. Public debt is the general namegiven to the bonds issued by public powers.

When the town goverment needs funding it can use bonds to obtain it. The money received from investors can be used to finance the amount directed to a specific project (for example, build a new road) or to use it to benefit its residents in a more direct manner (for example, through welfare programs).

sorry just needed 5 points

the aksumite empire was an ancient kingdom located in what is now northern ethiopia from the period of 100 ad to 940 ad. its capital was the city of aksum. the kingdom established itself as one of the 4 great powers at its time, along with persia, rome, and china.

the kingdom was rich in goods like gold, iron, and salt. it established strong commercial ties with the regions governed by rome, egypt, and persia (arabia). aksum was a key location in this commercial network. trade was also facilitated with the introduction of the aksumite currency.